Pakistan Tax Bar demands recruiting accountant members of tribunals as per judicial policy

KARACHI: Pakistan Tax Bar Association (PTBA) on Thursday demanded the government of recruiting accountant members of tribunals of Customs and Inland Revenue should be through Federal Public Service Commission (FPSC) and approved... Read more »

Currency notes have braille features for visually impaired persons: SBP

KARACHI: The State Bank of Pakistan (SBP) on Thursday said that it noticed visually impaired persons find it difficult to recognize and distinguish amongst different Pakistani currency notes. Read more »

SRB suspends registration of ZY & Co. Bulk Terminals

KARACHI: Sindh Revenue Board (SRB) has suspended the sales tax registration of M/s. Z.Y. & Co. Bulk Terminals (Private) Limited for defaulting payment and e-filing of monthly sales tax returns. Read more »

Pakistan’s forex reserves increase to $15.71 billion

KARACHI: Pakistan’s foreign exchange reserves have increased by $743 million to $15.709 billion with inflows of $1 billion from UAE. Read more »

Option of refund through bonds can be availed by March 25: FBR

ISLAMABAD: Federal Board of Revenue (FBR) has asked sales tax refund claimants to avail option of bonds by March 25, 2019. Read more »

Equity market sheds 163 points in ongoing loss making trail

KARACHI: The equity market ended with decline of 163 points on Thursday in its ongoing loss making trail. Read more »

Rupee depreciates by five paisas against dollar

KARACHI: The Pak Rupee depreciated by five paisas against the US dollar on Thursday due to import and corporate payments. Read more »

FBR notifies promotion of IR officers to BS-16

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday notified promotions of steno-typists and supervisors/head clerks of Inland Revenue Department to BS-16 with immediate effect. Read more »

Investment in registered prize bonds surges by 30pc

ISLAMABAD: The investment into premium prize bonds of Rs40,000 has registered significant increase of 30 percent owing to attractive avenue for persons having legitimate money. Read more »

Income Tax Ordinance 2001: return filers can claim tax adjustment paid on educational fee

KARACHI: Income tax return filers can claim adjustment of advance tax paid on educational fee. Read more »

Credit Suisse-led consortium approved as financial consultants for RLNG power plants privatization

ISLAMABAD: The government has accorded approval to a consortium led by Credit Suisse to act as financial consultants for the privatization of the RLNG power plants. Read more »

PTCL promotes digital billing to save environment

KARACHI: In an effort to save environment, Pakistan Telecommunication Company Limited (PTCL) has urged its customers to opt for digital billing instead of monthly paper bills. A statement on Wednesday said that... Read more »